Ukrainian stocks surge to begin the week

2014/9/23 12:31:21

Biggest gainers: WESTA (WES PW) jumped 10.0%; Coal Energy (CLE PW) advanced 9.6% and KSG Agro (KSG PW) jumped 6.4%.

 


KYIV, Sep 23, 2014 (UBO) – After a really grim period last week, Monday saw a substantial turn-around in Ukrainian equities. Concorde Capital provides more on the welcome news in its daily market comment:

 

“Ukrainian equities rallied in kicking off the week on Monday, Sept. 22. The WIG Ukraine Index of Warsaw-traded stocks rose 1.2%, fueled by its biggest component, grain trader and sunflower oil maker Kernel (KER PW +1.9%). The biggest gainers were its illiquid stocks: car battery maker WESTA (WES PW) jumped 10.0%, Coal Energy (CLE PW) advanced 9.6% and KSG Agro (KSG PW) jumped 6.4%. Another illiquid stock, KDM Shipping (KDM PW), plunged 8.2%. Outside the Index, Serinus Energy (SEN PW) jumped 5.2%. In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN) slid 0.3%. JKX Oil & Gas (JKX LN) plunged 6.0% and Regal Petroleum (RPT LN) declined 5.6%. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks improved 3.3%, led by the surging Avdiyivka Coke (AVDK UK +27.8%) and Alchevsk Steel (ALMK UK +7.4%).

 

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For charts of last session top-3 map, last session performance and more, link below:

www.concorde.ua

 

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